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2016-01-15 20:10:00

U.S. OIL PRODUCTION (116) TBD

U.S. OIL PRODUCTION (116) TBD

Crude oil production in February from seven major US shale plays is expected to fall 116,000 b/d to 4.83 million b/d. Production from the Eagle Ford is seen dropping 72,000 b/d during the month to 1.15 million b/d, followed by a 24,000-b/d loss in the Bakken to 1.1 million b/d and 23,000-b/d loss in the Niobrara to 371,000 b/d.

Shale gas production in February is expected to decrease 405 MMcfd to 43.72 bcfd, mostly reflecting a 225-MMcfd loss in the Marcellus to 15.22 bcfd, 140-MMcfd loss in the Eagle Ford to 6.46 bcfd, and 76-MMcfd loss in the Niobrara to 4.1 bcfd.

Increases are seen from the Utica, up 43 MMcfd to 3.25 bcfd; Haynesville, up 16 MMcfd to 6.23 bcfd; and Permian, edging up 1 MMcfd to 6.91 bcfd.

 

USA OIL PRODUCTION FEB 2016

 

USA OIL PRODUCTION FEB 2016

 

 

USA OIL GAS PRODUCTION FEB 2016

 

USA OIL GAS PRODUCTION FEB 2016

 

USA OIL GAS PRODUCTION FEB 2016

 

USA OIL GAS PRODUCTION FEB 2016

 

USA OIL GAS PRODUCTION FEB 2016

 

eia.gov

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More: 

U.S. RIGS DOWN 34 

DRAMATIC U.S. OIL 

U.S. "ZERO" IMPACT 

U.S. OIL WILL DOWN 116,000 B/D 

U.S. CHALLENGING TIMES

 

 

 

Tags: USA, OIL, GAS, PRODUCTION

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